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Month: August 2020

Category:
  • coronavirus
  • Russia

Coronavirus: Russia calls international concern over vaccine ‘groundless’

Russia’s health minister (l) has rejected widespread scepticism over the vaccine programme Russia has dismissed mounting international concern over the safety of its locally developed Covid-19 vaccine as “absolutely groundless”. Continue Reading

Posted On : 13 Aug 2020 Published By : Tom Whipple
Category:
  • BP

BP Set For Biggest Downsizing Of Its Office Space Ever

BP plans the most massive downsizing of office locations and properties in its history amid remote work and office job cuts, the Guardian reported on Wednesday, citing senior officials and Continue Reading

Posted On : 13 Aug 2020 Published By : Tom Whipple
Category:
  • coronavirus
  • United Kingdom

Nearly 6% of people in England may have had COVID-19, researchers say

Nearly 6% of people in England were likely infected with COVID-19 during the peak of the pandemic, researchers studying the prevalence of infections said on Thursday, millions more people than Continue Reading

Posted On : 13 Aug 2020 Published By : Tom Whipple
Category:
  • Energy Storage
  • Europe

European battery makers power up for a green recovery

European battery makers are gearing up to take advantage of massive “green” stimulus packages unveiled since the coronavirus pandemic though many acknowledge it will be tough to match the Asian Continue Reading

Posted On : 13 Aug 2020 Published By : Tom Whipple
Category:
  • Economy
  • United Kingdom

Britain plunges into deep recession, with steep job losses and Europe’s highest virus death toll

The official numbers were published Wednesday, and they are officially ugly. The British economy has plunged into a record-shattering recession, shrinking by a fifth in the second quarter and posting Continue Reading

Posted On : 13 Aug 2020 Published By : Tom Whipple
Category:
  • Prices

Crude edges up on API data reflecting decline in US supplies

Crude oil futures were slightly higher in mid-morning trade in Asia on Aug. 12 as American Petroleum Institute data released late Aug. 11 showed a larger-than-expected decline in US commercial Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Prices

Oil Rises Toward Five-Month High on Shrinking U.S. Stockpiles

Oil climbed to near a five-month high after an industry report pointed to a third straight weekly drop in American crude stockpiles. Futures in New York rose past $42 a barrel Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Prices

Oil rises after bigger-than-expected drop in inventories

 Oil prices moved higher on Wednesday after an industry report showed that U.S. inventories of crude fell more than analysts expected, bolstering hopes that fuel demand in the world’s biggest Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Prices

Across The Board Draws Send Oil Prices Higher

The American Petroleum Institute (API) reported on Tuesday a draw in crude oil inventories of 4.401 million barrels for the week ending August 7. Analysts had predicted a modest inventory Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple
Category:
  • Prices

Oil eases as U.S. stimulus hopes dim, virus cases rise

Oil prices fell about 1% on Tuesday after rising earlier in the session as hopes dimmed for a swift stimulus package to relieve the U.S. economy as coronavirus cases increased Continue Reading

Posted On : 12 Aug 2020 Published By : Tom Whipple

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